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}i <br />A certain parcel of land in Bingham Township, Orange County, North Carolina, further <br />described as: <br />BEGINNING at a point in the western right -of -way of White Cross <br />Road (S.R.1952) the southeast corner of property of Vernon P. and Barbara <br />S. Davis acquired by deed recorded in the Orange County Registry in Book <br />419 page 32, a northeast corner of Lot 1 as shown on the plat hereinafter <br />referenced, an iron stake. Then with the western right -of -way of White <br />Cross Road, S 05 °- 59' -04" W 151.01 feet to a new point, an iron stake. Then <br />leaving the right -of -way, a new line N 81 °- 00' -56" W 153.98 feet to a new <br />point, an iron stake. Then another new line, N 10 °- 38' -47" W 272.79 feet to <br />a new point in the southern right-of-way of North Carolina Highway 54, an <br />iron stake. Then with the southern right -of -way of N.C. 54 counter- <br />clockwise along the arc of a curve having a radius of 3879.42 feet an <br />distance of 164.92 feet (chord: S 84°- 23' -26" E 164.91 feet) to a point, an <br />existing iron stake. Then continuing with the right -of -way, S 46 °- 02' -16" E <br />20.48 feet to the northwest corner of the previously mentioned Davis <br />property, an existing iron stake,. Then with Davis S 07°- 14' -04" W 104.18 <br />feet to a point, an iron stake. Then continuing with Davis, S 81 °- 14' -50" E <br />81.04 feet to the point and place of Beginning, containing 1.04 acres more or <br />less, and being the northeastern portion of Lot 1 as shown on the plat of <br />survey by ENT Land Surveys, Inc. entitled "Property of Vernon P. Davis <br />and Barbara S. Davis" dated August 29, 1996 and recorded in the Orange <br />County Registry in Plat Book 76 page 179. <br />4 <br />